Gibbs Rd

$14,500,000

About This Property

Gibbs Farm is a Build to Rent (BTR) Upstate community comprised of 64 units. Each unit is approximately 1,520 square feet and features 3 bedrooms and 2 bathrooms. Homes include attached single-stall garages, covered front porches, back patios, ground floor private entries, modern finishes, and expansive backyards for a product of this offering. Located between Spartanburg and Greenville, this property provides convenient access to leading retail centers, a variety of entertainment options, and numerous top employers. The property lies within Spartanburg County School district #5 which features its own transportation department to serve its students and staff. To date, the management company has been active in the leasing of the community, and 80% of the units have been leased and occupied. The sought-after combination of new construction, affordability, and prime location clearly differentiates Gibbs Farm from nearby competition. This asset was developed by Spartanburg-based Homepire Builders, LLC.

Essential Information

MLS® #30813340
Price$14,500,000
Acres0.00
TypeCommercial Sale
StatusActive

Community Information

AddressGibbs Rd
CityWellford
CountySpartanburg
StateSC
Zip Code29385

Listing Details

OfficeLee & Associates - Charleston

The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than Reside Real Estate are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

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